Peet_Serfontein

EURAUD: bullish traction starting to unfold?

Long
FX:EURAUD   Euro / Australian Dollar
Recently tested its 200-day simple moving average - which acted as major support.
MACD bullish crossover.
Sin waves indicate if a market is trending or in a cycle mode. It assists traders in identifying the start of a trending move as well as possible shifts in the trend.
Upward price momentum also supporting a bullish trend direction.
Time to exit: +/- 7 October 2019
Trade closed manually:
Time exit

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